In their anxiety to protect local currencies, governments are juggling interest rates which will, in the short term, further cramp economic recovery, particularly in Europe where companies will hedge …
Exploration on the Huckleberry property under option to New Canamin Resources (VSE) indicates that the previously drilled property has a higher-grade core, with drilling returning a number of wide goo…
Recent stepout drilling on the Petaquilla project in Panama indicates a recently completed estimate of the project’s geological resource is open to considerable expansion, according to Adrian Resource…
Slated for initial production in late 1995 and full production the following year, American Barrick Resources’ (TSE) Meikle mine has moved beyond the study stage. Field work has begun. Rod Pye was app…
The exploration boom in the Northwest Territories is having a dramatic impact on select businesses in Yellowknife, but the capital city is not expected to enjoy any widespread economic fallout until m…
A total of 3,300 ft. of drilling is planned on the LeMare property under option to Minnova (TSE). Minnova can earn a 60% interest in the property from Stow Resources (VSE) by spending $1.5 million by …
A surface drilling program designed to test for higher-grade underground reserves at the Moss Lake gold property west of Thunder Bay, Ont., will get under way in early October, says Toronto-based Cent…
An option agreement to earn an 80% interest in the San Andres gold project in Honduras has been entered into by Arimetco International (TSE) with Fischer-Watt Gold (NASDAQ) of Reno, Nev. To earn its i…
Planning for the Sanchez oxide project is proceeding, with owner Azco Mining (VSE) recently hiring engineering consultant Davy McKee to provide all engineering, procurement and construction management…
Infill drilling on a recently discovered small but very high-grade oreshoot at the Lawyers property has prompted Cheni Gold Mines (TSE) to proceed with mining the zone in the fourth quarter. The Lawye…
Subject to regulatory approval, Rea Gold (TSE) has agreed to sell its QR gold property near Quesnel, B.C., to CMP Resources (ME) for $450,000 plus 2.5 million shares of the company currently held by C…
The 50% interest in the Big Bell gold mine in Western Australia belonging to Placer Pacific, the 75.7% owned subsidiary of Placer Dome (TSE), has been sold to Poseidon Gold of Australia for about US$8…
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